Best buys
Residential Fixed
| Lender | Initial rate | Until | Subsequent Rate | Overall Cost for Comparison |
|---|---|---|---|---|
| Accord | 5.39% | 30.10.2010 | 7.00% | 7.10% |
| Cheltenham & Gloucester | 5.49% | 30.11.2010 | 7.00% | 7.10% |
| Exclusive Product | 5.80% | 31.10.2010 | 7.22% | 7.20% |
Residential Tracker/Variable
| Lender | Initial rate | Until | Subsequent Rate | Overall Cost for Comparison |
|---|---|---|---|---|
| Cheltenham & Gloucester | 4.99% | 31.10.2010 | 7.00% | 7.10% |
| Abbey | 5.54% | 2 years | 7.09% | 7.10% |
| Nationwide | 5.58% | 2 years | 6.49% | 6.70% |
Buy-To-Let Fixed
| Lender | Initial rate | Until | Subsequent Rate | Overall Cost for Comparison |
|---|---|---|---|---|
| The Mortgage Works | 5.09% | 30.11.2010 | 7.24% | 7.50% |
| BM Solutions | 5.49% | 01.04.2011 | 7.44% | 7.60% |
| The Mortgage Works | 5.69% | 30.11.2010 | 7.24% | 7.50% |
Buy-To-Let Tracker/Variable
| Lender | Initial rate | Until | Subsequent Rate | Overall Cost for Comparison |
|---|---|---|---|---|
| The Mortgage Works | 4.99% | 30.11.2010 | 7.24% | 7.50% |
| The Mortgage Works | 5.49% | 30.11.2010 | 7.24% | 7.50% |
| BM Solutions | 5.49% | 2 years | 7.44% | 7.60% |
- See complete list
- Last updated: 05.09.08
- Legal Statement
Mortgage and Financial News
04.09.08
Magical 5% Mortgage Rate Barrier Breached!
More good news! A few weeks ago, you would have had me sectioned if I’d said lenders would very soon be falling over themselves to cut residential mortgage rates and be offering products below the magical 5% mark. The men in white suits would have whisked me off in no time.
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